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| Author: | |
| Title: | Germany as a Location for Research and Development by Multinational Companies |
| Journal: | Economic Bulletin
2002 : MAY, VOL. 39:5, p. 175-180 |
| Index terms: | GERMANY R&D LOCATION OF INDUSTRY MULTINATIONAL COMPANIES |
| Language: | eng |
| Abstract: | After stagnating for a long time in the first half of the 1990s total expenditures by companies on research and development (R&D) in Germany have risen by nearly half, from euro 30.5 billion in 1996 to a good euro 44 billion in 2001.1 The greater part of these expenditures is by multinational companies, whose production, and increasingly research locations as well, are spread internationally. Their growing R&D expenditures abroad are generally the result of expansion into new markets and not of a relocation or outsourcing of R&D capacities. Germany shares second place with Great Britain after the leader, the United States, in R&D activities by foreign multinationals, and German multinational companies have the second largest amount of R&D expenditures abroad after US American firms. |
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